SpecBid for Government

​reinventing municipal procurement

Procurement

reporting

Leveraged Buying

Analytics

Benefits and key features

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  • Save money by reducing cost of goods purchased*
  • real time, price blind process eliminates buyer manipulation
  • smart data warehouse provides key procurement information
  • instant contract retrieval 
  • reduce cycle time and agency delays with an automated process
  • instantly manage and interact with vendors
  • leveraged buying for cooperative purchasing
*Municipalities using specbid save on average between 10%-60%

Transparent, Results-Driven Procurement &
Active Contract Management

  • •Custom workflow, business logic and permissions drive automation and efficiency
  • •Price-blind, real-time auction
  • •Smart Data Warehouse enables fast contract retrieval and historical spend analysis
  • •Robust alerts, notifications, reporting and dashboard capability — allows users to choose the granularity of the information presented
  • •Flexibility and commitment to innovation enables addition of modules and new supplier marketplaces as needed
  • •Ensuring integrity of the Supplier selection process and vitality of the Supplier ecosystem
  • •Access to historical data to develop insights about Suppliers, spend levels and projects

 The SpecBid advantage

  • proprietary platform works in accordance with all municipal law
  • requires basic computer skills 
  • ​no lengthy, time consuming training
  • integrates with existing erp systems
  • budget friendly. no cost options* available
  • latest best in class technology
  • integrate modules as needed
  • no additional software is needed​
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The SpecBid Platform is chosen by Nassau County, NY
SpecBid has partnered with Nassau County Shared Services to streamline and revitalize their current process.  From vendor and contract management, to our municipal real time bidding solution, SpecBid is changing the face of procurement.